Actuarial Risk Management Specialist

1 month ago


Centurion, Gauteng, South Africa Network Recruitment Full time

Company Overview

At Network Recruitment, we're passionate about helping businesses succeed by finding the right talent. As a leading recruitment agency, we understand the importance of hiring skilled professionals who can drive results.

Job Summary

We're seeking an experienced Actuarial Risk Management Specialist to join our team. The ideal candidate will have a strong background in actuarial science and be able to analyze complex data to identify trends and opportunities for improvement.

Responsibilities

  • Pricing and Product Development: Collaborate with our product development team to design and implement pricing models that accurately reflect risk levels and optimize revenue.
  • Data Analysis and Modeling: Develop and maintain advanced statistical models to predict future claims and assess risk.
  • Monitoring and Reporting: Track key performance indicators (KPIs) and provide regular reports to stakeholders on pricing effectiveness.
  • Collaboration: Work closely with cross-functional teams, including underwriting, sales, and marketing, to ensure alignment and achieve business objectives.

Requirements

  • Education: Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
  • Actuarial Exams: Possess a strong foundation in actuarial principles and practices, with a minimum of 8 exams completed.
  • Technical Skills: Proficient in actuarial modeling software, Excel, SQL, and programming languages such as Python or R.
  • Analytical Skills: Strong analytical and problem-solving skills, with attention to detail.
  • Industry Knowledge: Understanding of short-term insurance products, risk factors, and market trends.
  • Communication Skills: Ability to effectively communicate complex ideas to non-technical stakeholders.

Salary and Benefits

We offer a competitive salary range of $90,000 - $120,000 per annum, depending on experience, plus a comprehensive benefits package, including health insurance, retirement plan, and paid time off.



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